Couriers from Azerbaijan transporting over $5.1 million in bags were
detained in Moscow, RIA Novosti reports, citing a spokesman from the
Investigative Committee of Russia's Interior Ministry.
"The couriers were delivering cash to Moscow from Azerbaijan several
times a week...5.5 billion rubles were transferred to fictitious firms'
accounts," the spokesperson noted.
The investigation determined the suspects were carrying out bank
operations without a license from the Central Bank of Russia.
They transferred the money illegally to bank accounts they had opened
earlier in the names of front companies in Cyprus and Estonia, the
spokesperson said.
The clients received illegal cash with an interest deduction of 0.2%-0.3%.
The investigation is continuing.
